The Arizona sentinel., 1887-09-24


 the Territory of Arizona, and especially an Act of the Legislative Assembly thereof entitled ''An Act Concerning Corporations, approved March Sth, 1887, for the purpose of engaging in the enterprise hereinafter described, do make, subscribe and acknowl- edge in triplicqte these Articles of incorpo- ration.
 The naGe of this corporation, and by which it shall hereafter be known, is the South Gila Caual Company, and its princi pal place for transacting business is the town of Aztec, County of Yuma, Territory of Arizona.
 This corporation is organized fort pur- pose of constructing a canal in the County of Yuma, Territory of Arizona, upon the South bank of the Gila River at point one and one.half miles below the West end of Oatman Cannon, for the purpose of divert ing and carrying water from said Gila Riv- CT for agricultural, horticultural, domestic and manufacturing purposes.
 III.
 The amount of capital stock shall be One Million (SI ,O00, ,000,) Dollars, divided into twenty thousand (20,00O} shares of the par value of Fifty (S50.00) Dollars each, which said stock shall be paid in at the time and under the conditions specified and au- thorized by the Board of Directors of this corporation.
 ".
 The commencement of this corporation shall be the day upon which these Articles are filed in the office of the Recorder Of Yu- ma County. and shall terminate fifty (50l years thereafter.
 The affairs of the corporation shall be conducted by Board of Directors compos- ed of five (5) persons. who shall be elected annually by the stockholders, and shall hold office for one rear and until their successors are elected and qualified.
 The time and manner of said election shall be provided for in the Bv Laws of said corporation.
 Said Directors shall be subscribers to the capital stock of said corporation, and no person shall be eligible to said office unless he be stockholder in the corporation, and auy person ceasing to be a subscriber shall cease to be a Director, and hereafter if any Director shall cease to be a stockholder he shall cease to be Director.
 The Board of Directors of this corporation shall have power to establish By Laws and make all rules and regulations necessary for the management of the affairs of this cOrpo- ration and the officers thereof.
 The following named persons, who are subscribers to the capital stock of this cor poration, shall constitute the Board of Di- rectors until the 20th day of July, 1888, and until their successors are duly elected and qualified, to wit: Robert McPherson, w. E. Pope, o. F. Thornton, G. w. Cams- ron and G. w. Mauk.
 VI.
 The highest amount of indebtedness, di- rect or contingent, to which the corporation shall be at any time liable, is the sum of Two Hundred and Fifty Thousand (S25O, ,O00l Dollars.
 VII.
 The stockholders and their private prop erty shall be exempt from the corporate debts of this corporation.
 In witness whereof, we have hereunto set our hands and seals this 20th day of July, 1887. Executed in triplicate.
 (Signedl
 ROBERT MCPHERSON. L. s.
 Q. H, F. F. THORNTON. FG6Ri Is. L. s Territory of Arizona,
 County of Maricopa.
 Before me, G. w. Ingalls,, Notary Public in and for the County of Maricopa, Territory of Arizona, on this day personally appeared Robert McPherson, w. E. Pope and O. F. Thornton, known to me to be the persons whose names gre subscribed to the foregoing instrument, and each of them ac- to me that he executed the same for the purposes and consideration therein expressed.
 Given under my hand and seal of office this 2Oth day of July: A. D. 1887.
 (Signedl G. w. INGALLS,. (Notarial Seal.l Notary Public. Territory of Arizona,
 CouRty of Yuma.
 1, Jos. J. Stein, County Recorder of Yu- ma County Arizona Territory, do hereby certify that I filed in the records of my of flee, on the twenty day of July, A. D. 1887, the articles of f corporation of the South Gila Canal Company.
 In witness whereof have here ISeal] unto set my hand and affixed my
 official seal, the day and year in thls certificate first above written.
 JOS. J. STEIN,
 County Recorder